Most of the shippers I speak with today want to ensure that what happened in 2020 does not happen again in 2021. They want the utmost guarantees and reliability in their supply chain this year. Here are three main ways that NYSHEX is helping them achieve this.
When something new is introduced into an industry that has been around since…forever, there is sure to be some confusion around exactly what this new thing is. That’s understandable and completely normal. Let us take a minute to set the record straight about NYSHEX, who we are, and what we’re doing.
We have some exciting news to share with our members! You may have seen in the press that NYSHEX raised $13.5 million in additional growth financing. With this new capital, we have major plans to expand the impact of NYSHEX 99% reliability for the good of the industry we love!
How many times have you had to walk away from hard-won business? On the flip side of the coin, how much time do you spend chasing your customers down for the cargo they awarded to you? I remember it like it was yesterday. After years of quoting and relationship building, as a carrier sales executive, I finally won the trust of a massive importer and a multi-million dollar, fixed-rate contract was […]
According to a Drewry survey conducted in April, as many as 10% of North American exports and 20% of Asian exports were rolled this year, impacting over 83% of shippers. During that same period, record volatility, and a shrinking market, NYSHEX posted our highest volumes and plummeting default cases.
NYSHEX is a proud sponsor of the Agriculture Transportation Coalition (AgTC). Their annual meeting brings together some of the brightest shippers, carriers, and other industry stakeholders. Even though this year’s event took place virtually last week, the pivotal discussions charting the course for the future of the industry were not impeded. Here are some of my top takeaways from this year’s […]
Since joining NYSHEX last year, the team and I have been setting up offices in Hong Kong and Guangzhou in order to facilitate bookings and payments in China. We knew it was mission critical to have plenty of skilled boots on the ground, as well as the ability for shippers to pay, at the point of origin of most of the world’s cargo.
I’ve always enjoyed listening to economists’ forecasts about the future. But, you know what the brightest minds say about forecasting: “Prediction is very difficult, especially if it’s about the future.” (Thanks Nils Bohr, Nobel laureate in Physics.)